On June 26, 2017, the Supervisory Board of Vienna Insurance Group announced that Chief Financial Officer Martin Simhandl expressed his desire not to continue with his term of office, which is due to expire on June 30, 2018, for personal reasons. He will be resigning from the Managing Board of Vienna Insurance Group in the middle of 2018. However, in the interests of the Group, Martin Simhandl has offered to continue and support with his profound expertise in the real estate sector.

Due to the significant importance of this position at a listed company, the Supervisory Board has already now established a successor. As of February 1, 2018, Liane Hirner will be appointed as a Member of the Managing Board of Vienna Insurance Group for a full five-year term of office. This will guarantee a long-term and orderly handover.

Liane Hirner brings profound knowledge into the insurance sector.